Gross debt rate in the Nordic countries from 2010 to 2024, by country (as percentage of GDP)

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Release date

April 2024

Region

Denmark, Finland, Iceland, Norway, Sweden

Survey time period

April 2024

Supplementary notes

*Preliminary figures.

Citation formats

Debt rate in the Nordic countries 2010-2024, by country

Published by D. Clark, Nov 28, 2025

In 2024, Finland had the highest debt rate of the Nordic countries, followed by Iceland. In 2011, Iceland's debt rate was over *** percent of the country's gross domestic product (GDP), but it had decreased to ** percent in 2024. Finland's debt rate, on the other hand, increased from ** percent in 2010 to ** percent in 2024. Debt rates of the three other Nordic countries were more stable, and were between ** and ** percent in 2024.

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